**Binance Square Update: Top $USDC
1. **Coinbase Acquires Deribit in $2.9B Deal**
Coinbase Global announced its acquisition of Deribit, a leading crypto derivatives platform, for approximately $2.9 billion. This move aims to bolster Coinbase’s presence in the tokenized securities market, signaling a major step in bridging traditional finance with crypto.
2. **Bitcoin Shines Amid U.S. Market Uncertainty**
Bitcoin is reclaiming its spotlight as investors navigate concerns over U.S. trade policies and dollar stability. Analysts predict a potential new high of $120,000 in Q2 2025, driven by a shift away from U.S. assets. Keep an eye on $BTC
as it continues to rally!
3. **Binance Pay Expands to Kyrgyz Republic**
Binance is bringing crypto payments to the Kyrgyz Republic through Binance Pay, following a strategic partnership with the National Agency for Investments. This initiative aims to enhance financial inclusion and expand cross-border payment systems in Central Asia.
4. **Pi Network Listing Rumors Heat Up**
Speculation around a potential Binance listing for Pi Network’s native coin is driving excitement. With 88% community support in a recent Binance vote, Pi’s growing momentum could lead to a breakout soon.
5. **BNB Price Outlook for May 2025**
Analysts forecast Binance Coin (BNB) to trade around $643.32 this month, with a potential high of $676.31. Despite a bearish daily chart, BNB’s long-term strength remains intact, supported by a rising 200-day moving average.
Stay tuned for more updates, and join the conversation on Binance Square! What’s your take on today’s news? Share your thoughts below. 🚀
*Disclaimer: This article is for informational purposes only and does not constitute investment advice.*